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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,534 | $29,319-53.8% | $52,425-74.2% | $82,448-83.6% |
| Participation rate | 12.2% | 46.9%-34.7pp | 55.6%-43.4pp | 68.1%-55.9pp |
| Annual return | 20.15% | 535.20%-515.1pp | 302.12%-282.0pp | 41.64%-21.5pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $402 | $1,171-65.7% | $1,790-77.6% | $4,139-90.3% |
| Admin fee / account holder | $69 | $1,962-96.5% | $2,495-97.2% | $7,234-99.0% |